Conclusion

Cooperative Banking Sector in general and Urban Cooperative Banks in particular are going through a tough phase. In order to survive in the competitive
business environment there have to be sound plans for maintaining profitability by way of increasing volume of business and reducing the cost of business operations. Drastic changes are therefore required in the mind sets of decision makers in terms of bringing in modem practices of managing the business and use of Information and Communication
Technology to support such initiatives.
Systematic and careful implementation of Core Banking System could be seen as important step towards the same.
References
1. RBI, Nov 2007, Report on Trend and Progress of Banking in India, 2006-07, Reserve Bank Of India, Mumbai
2. RBI, Aug 2008, Report of Working Group on IT support for Urban Cooperative Banks
3. RBI, Aug 2008, Report Of The Working Group On Technology Upgradation Of Regional Rural Banks